3T FOSSEGRENDA AS: årsregnskap 2019 vs 2018
Grew 19% on revenue
approved 2019-12-31; registry 2020-09-12; journal 2020 797193
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 3T FOSSEGRENDA AS. Revenue 6.05m NOK → 7.20m NOK (+19.1%). Equity 15.08m NOK → 2.08m NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: paid-in equity reduced; cogs moved. All figures are taken from the published annual accounts for 3T FOSSEGRENDA AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 6.05m NOK to 7.20m NOK (+19.1% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 15.08m NOK → 2.08m NOK (equity ratio 84.4% → 12.7%). Calculated
-
↓
Cash fell
Bank deposits 156.3k NOK → 133.4k NOK (-14.7% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 5.22× → 0.95× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 22.15m NOK → 2.08m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS moved
COGS / varekostnad 173.5k NOK → 229.0k NOK (+32.0% YoY). Calculated